1120 Shuswap Street Southeast, Salmon Arm
MLS® 10359451
Investment Opportunity with Development Upside Here’s your chance to own a fully rented 4-plex on a half-acre lot with approved plans in place to expand to 10 units. Whether you’re a seasoned investor or a builder looking for your next project, this property checks a lot of boxes. The current 4-plex brings in steady rental income, giving you cash flow while you line up your next steps. The lot is flat, easily accessible, and in a growing area with strong rental demand — all the groundwork is done. Approved Drawings and plans, engineering reports, environmental and more. Plans for an additional four plex and two units in the basement have already been approved, so you can hit the ground running. With location, income, and potential all working in your favour, this is a rare find. (id:15474)
Property Details
- Full Address:
- 1120 Shuswap Street Southeast, Salmon Arm, British Columbia
- Price:
- $ 959,000
- MLS Number:
- 10359451
- List Date:
- August 20th, 2025
- Lot Size:
- 0.5 ac
- Year Built:
- 1960
- Taxes:
- $ 4,169
Interior Features
- Bedrooms:
- 8
- Bathrooms:
- 4
- Heating:
- Forced air
Building Features
- Architectural Style:
- Ranch
- Storeys:
- 1
- Sewer:
- Municipal sewage system
- Water:
- Municipal water
- Zoning:
- Multi-Family
- Garage:
- Additional Parking
- Ownership Type:
- Freehold
- Taxes:
- $ 4,169
Floors
- Finished Area:
- 2970 sq.ft.
Land
- Lot Size:
- 0.5 ac
Neighbourhood Features
Ratings
Commercial Info
Location
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